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in abe's previous cab net. he will have to dial with the relocation of the u.s. marine corps futenma air station, among other issues. itsunori onede virginia. is defense minister. he has chaired a special lower house committee on okinawa and other terrors to and head of the ldp's foreign affairs division. economic revival minister is akira amari and i will spearhead a new task force on that issue and also responsible for the council on economic and fiscal policy, which is being restored after it was cut by the previous government. >>> shinzo abe is bringing a wealth of experience with him back to the prime minister's office, not just from his career but also from the lessons taught to him by his family. politic it is run in abe's blood. his grandfather was a prime minister. his father severed as foreign minister. abe launched his political career about 20 years ago. voters elected him to the lower house. his father died while running for prime minister. >> translator: i will fulfill my grandfather's wish. >> reporter: he was deputy secretary when he attended a trip to north korea ten yea
that the market is surging too quickly. others are waiting to see if the u.s. can avoid the so-called fiscal cliff before the year-end deadline. >>> and bond traders in tokyo are selling japanese government bonds or jgbs. they expect the new administration will issue more bonds to finance its stimulus measures. this sent jgb yields to a three-month high. the ten-year yield on the jgb topped 0.8% on thursday, the highest level since september 21st. yields rise when bond prices fall. analysts say more investors are shifting their financial assets from bonds to stocks so this will cause interest rates to inch up for a while. >>> u.s. treasury department officials have alerted congressional leaders about the debt ceiling. the government will reach this in about two months and the country could suffer a self-inflicted default. congress currently sets the borrowing limit at $16.4 trillion. the national debt rose because of a series of deficit-covering bonds were issued. the government and the republican party are at odds over the issue. the political stalemate in the summer of 2011 over raising the debt
deserved it because it was a statement that now the u.s. is shifting back from the bush administration to obama. i think the same is true for the european union. >> your assessment has been pretty upbeat so far. i want to put this to you. at the top of the show, we said this is a day of celebration for the eu. no doubt about that. it also indicates it might be a day of celebration for the people of the eu, but i see no signs of those citizens cracky -- cracking open the champagne bottles today. >> it is unfortunate. we should see youngsters out there. we should see the you celebrating. i agree that it is unfortunate that we are not even able to celebrate what we have been living and experiencing for 60 years, which is prosperity and peace for everybody. i can berkeley understand that the current crisis destroys this -- i can understand that the current crisis destroys this. looking back, my family, many other families -- people had nothing to eat. they were freezing in the cold. just that should make it worth thinking back and open the bottles of champagne. >> thank you for those inter
Search Results 0 to 2 of about 3

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